MORT-CF-001Critical Risk
cyber/fraud
Red Flag
Closing instructions are altered via compromised email, redirecting wire transfer of closing funds to a fraudulent account controlled by an attacker, with the change appearing subtly different from the original.
Industry
Mortgage Companies
Transaction Type
wire
Customer Type
individual
Category
Regulatory Source
Document:FIN-2021-A001 Ransomware
Type:FinCEN Advisory
CFR Citation:31 CFR §1029.210
SAR Category:Cyber event
FinCEN Key Term:Wire Fraud
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.